What Good Does Bitcoin Actually Do?
While you were dunking on BTC
(Listen to audio version of me reading👆)
If you find yourself dunking on bitcoin or doubting your investment, remember that bitcoin is stabilizing grids and is the greatest form of a true “E.S.G. movement” any government shill could’ve hoped to have invented.
Bitcoin is capturing stranded energy.
Bitcoin is capturing credit card rewards and paying the consumer back in bitcoin rewards AND letting merchants keep their transaction fees now cutting out the middleman banks.
Bitcoin is using pollution from legacy system to mine more bitcoin and stabilize the system.
You may not have read Jason Lowery (Space Force) and how it changes wars and incentivizes peace.
You may not have known it’s still up 5-6x from March 2020 lows.
You may be thinking in high time preference (YOLO - short term gratification) versus low time preference (long term gratification.)
You haven’t seen bitcoin charts destroying all assets from past decade via Raoul Pal.
You may not have seen this chart of dollar bottoming out versus bitcoin over last decade.
You may have already forgot the Canadian truckers accounts getting frozen.
You may have forgot about Ukrainians fleeing and taking their wealth in their head with 12 or 24 words.
You may not have heard the stories of people in developing countries all over the world using bitcoin to escape their dying currencies or being locked out of their accounts.
You may have forgot America froze the assets of a nuclear power in February 2022. What makes you more special than a nuclear super power and that it won’t happen to you?
You may have forgot Russia announced they would take bitcoin and gold for energy/oil.
You may have forgot the fed pricing goods in bitcoin (eggs chart)
You may not have known that the hash rate (mining) is more decentralized and a higher rate than ever.
You may not have known that means people can get in now at better price to dissipate ownership more.
You may not have known that wallets owning 1, 0.1, and 0.01 bitcoin all hit all-time highs in the previous weeks.
You may have forgot countries are now making legal tender, adopting, and putting on their balance sheet.
You may have forgot bills in congress coming forward enshrining bitcoin and more politicians understanding the importance of energy money.
You may have forgot insurance companies and banks have bought it to hedge.
You may have forgot or not have read monetary historians like Mike Maloney, Max Keiser, or Michael Saylor
You have been listening to nobodies on Twitter and CNBC who are employees NOT professional investors.
You may have forgot that bitcoin lets the homeless and the poor have a portal into the financial system.
You may be in to equal justice and not realized that bitcoin allows you to bank no matter race, creed, religion, sex, status, nationality, etc..
Conlcusion
I think bitcoin is the greatest hope for mankind going forward, other than God.
That doesn’t mean I have all my net worth in bitcoin.
I have a good chunk, but not all.
We still have to prepare for the tail risks if the power goes out; a solar flare, nuclear attack, or inside job from the elites.
We have to be prepared for the analog world as well.
That’s why I still have food, water, energy, guns, ammo, gold, and silver. I have them spread all over the place and well armed so that no one comes after me.
Peace through strength.
Block out the noise. Keep stacking.
Because the world about to change and you don’t want to be left behind.
Stay strong,
Brandon
**Not financial advice**